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Uruguay's Renewable Energy Shift Boosts Economy, Creates Jobs

11/28/2025

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Summary

Story summary

Uruguay has transitioned to renewable energy while minimizing fossil fuel use, delivering notable economic benefits.
Uruguay, with a population of 3.5 million and a GDP of $80 billion, attracted $6 billion in renewable investments and created 50,000 jobs (about 3% of the workforce).
Power costs have fallen by 20 percent.
Former energy minister Ramon Méndez Galain led the strategy prioritizing cost-effective energy solutions.

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Story summary

Uruguay has transitioned to renewable energy while minimizing fossil fuel use, delivering notable economic benefits.
Uruguay, with a population of 3.5 million and a GDP of $80 billion, attracted $6 billion in renewable investments and created 50,000 jobs (about 3% of the workforce).
Power costs have fallen by 20 percent.
Former energy minister Ramon Méndez Galain led the strategy prioritizing cost-effective energy solutions.